Footsie Touches Year-High During a Buoyant Session

Summary

---

INVESTORS shrugged off gloomy comments from Bank of England Governor Mervyn King - warning the UK had "only just started" on the path to recovery - for a buoyant session that saw the London Market touch a year-high.

The FTSE 100 Index closed 36.2 points higher at 5266.8, but this was down from the year-high of just over 5300 reached earlier in the session.

See the full content of this document

Extract

---

Footsie Touches Year-High During a Buoyant Session

The prospect of interest rates remaining low into next year meant the pound was down against both the US dol...

See the full content of this document

---